ES Journal - 2013

[horton]

OK. Scratch.

 

[satchel]

i'm @ -5, -4 for this, pressed it almost to vwap (didn't see that coming)
below vwap is flatten trade.
if it looks shitty it probably is.
on the other hand 20 point range

 

[horton]

So we are right back to the SPX 1635 Held Offer from Friday. And Syria is back on the Ask with several US legislators coming out hawkish to infer that the Senate and House will support Obama.

Moment of truth...

 

[satchel]

out, taking the reverse 32.

 

[horton]

Long NQ unde NDX 3085

 

[horton]

Scratch. Well I played $SPX 50 and $SPX 35 without success so I am out.

 

[volente_00]

Quote from satchel:

out, taking the reverse 32.

Short ?


I'm targeting 39-40 from 30-31 area with a stop at 28

 

[horton]

They are rolling it now. Look at NQ.

 

[horton]

24 hr VWAP is at ES 41.25.

 

[CahaTrader]

Quote from ammo:

well if that dip reversal on fri was them getting long, the volume was light,and " no one expects" isn't what the bump in vol is saying,and speed bumps move the spu's 30 pts in a day,so i wouldn't get too comfortable in the saddle or an opinion. The btfd crowd has been of that opinion for so long that have become too comfortable. Not being open to a change in weather could be expensive. Posted opinions 50% of the time become bragging rights,but they come at a price. Let the market have all the bragging rights,it's always right.

VIX futures are not buying into the $VIX move up today. First time it's done that in this sell off. In fact it it appears VIX Futures are fading the fear, so I'm expecting a vol selling event by week close. SPX should close the gaps that TraderFighter is looking at.